Garmin Pretax Profit Margin from 2010 to 2024

GRMN Stock  USD 142.51  1.49  1.06%   
Garmin Pretax Profit Margin yearly trend continues to be very stable with very little volatility. Pretax Profit Margin is likely to grow to 0.31 this year. During the period from 2010 to 2024, Garmin Pretax Profit Margin quarterly data regression pattern had sample variance of  0 and median of  0.24. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.25
Current Value
0.31
Quarterly Volatility
0.03343158
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Garmin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garmin main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.5 M, Interest Expense of 36 M or Total Revenue of 2.8 B, as well as many exotic indicators such as Price To Sales Ratio of 5.36, Dividend Yield of 0.021 or PTB Ratio of 4.82. Garmin financial statements analysis is a perfect complement when working with Garmin Valuation or Volatility modules.
  
This module can also supplement Garmin's financial leverage analysis and stock options assessment as well as various Garmin Technical models . Check out the analysis of Garmin Correlation against competitors.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.

Latest Garmin's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Garmin over the last few years. It is Garmin's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garmin's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Very volatile
   Pretax Profit Margin   
       Timeline  

Garmin Pretax Profit Margin Regression Statistics

Arithmetic Mean0.25
Geometric Mean0.24
Coefficient Of Variation13.55
Mean Deviation0.02
Median0.24
Standard Deviation0.03
Sample Variance0
Range0.1261
R-Value(0.04)
Mean Square Error0
R-Squared0
Significance0.90
Slope(0.0003)
Total Sum of Squares0.02

Garmin Pretax Profit Margin History

2024 0.31
2023 0.25
2022 0.22
2021 0.23
2012 0.24
2011 0.21
2010 0.33

About Garmin Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Garmin income statement, its balance sheet, and the statement of cash flows. Garmin investors use historical funamental indicators, such as Garmin's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Garmin investors may use each financial statement separately, they are all related. The changes in Garmin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Garmin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Garmin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Garmin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.25  0.31 

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When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:
Check out the analysis of Garmin Correlation against competitors.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Garmin's price analysis, check to measure Garmin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garmin is operating at the current time. Most of Garmin's value examination focuses on studying past and present price action to predict the probability of Garmin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garmin's price. Additionally, you may evaluate how the addition of Garmin to your portfolios can decrease your overall portfolio volatility.
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Is Garmin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.846
Dividend Share
2.92
Earnings Share
6.71
Revenue Per Share
27.316
Quarterly Revenue Growth
0.135
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.